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Nov 30, 2012
11/12
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cliff negotiations. the index shrugged it off, ending higher by four tenths of a percent. volume was 677 million shares on the big board; under 1.8 billion moved on the nasdaq. all ten of the major stock sectors rose. the telecommunications sector had the strongest gain, up nine tenths of a percent. the health care, materials and utilities sectors were each higher by six tenths of a percent. health insurance giant united healthcare led its sector and the dow industrial stock average. trading volume almost doubled with the stock up 3%. on monday, the company's profit prediction for next year was less than anticipated. but with today's rally, shares have recovered from that sell- off and then some. retail continues to be in focus. the calendar month may not be over, but for several stores, the sales month for november is in the books. 17 chains reported sales at stores open for at least year. overall, sales were up 1.6%, according to thomson-reuters. that's only half the growth expected. the impact of hurr
cliff negotiations. the index shrugged it off, ending higher by four tenths of a percent. volume was 677 million shares on the big board; under 1.8 billion moved on the nasdaq. all ten of the major stock sectors rose. the telecommunications sector had the strongest gain, up nine tenths of a percent. the health care, materials and utilities sectors were each higher by six tenths of a percent. health insurance giant united healthcare led its sector and the dow industrial stock average. trading...
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Dec 11, 2012
12/12
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KPIX
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. >>> to the fiscal cliff negotiations now. it is crunch time. with just three weeks before higher taxes and spending cuts kick in, negotiations are underway, but it's not known what if any progress is being made. speaking in michigan yesterday, the president said he's willing to compromise a little, but the gop wants to know specifics. danielle nottingham has more. >> reporter: president obama's campaign to steer clear of the fiscal cliff took him to a diesel engine plant outside detroit. >> congress doesn't act soon, meaning the next few weeks, starting on january 1, everybody's going to see their income taxes go up. >> reporter: private face-to-face talks were revived this weekend when house speaker john boehner went over to the white house. neither side is releasing details about the conversation, but taxes are still the big sticking point. >> i'm not going to have a situation where the wealthiest among us including folks like me get to keep all our tax breaks. >> reporter: republicans have adamantly opposed raising taxes, but now some are co
. >>> to the fiscal cliff negotiations now. it is crunch time. with just three weeks before higher taxes and spending cuts kick in, negotiations are underway, but it's not known what if any progress is being made. speaking in michigan yesterday, the president said he's willing to compromise a little, but the gop wants to know specifics. danielle nottingham has more. >> reporter: president obama's campaign to steer clear of the fiscal cliff took him to a diesel engine plant...
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Dec 7, 2012
12/12
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MSNBCW
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what do these numbers mean and what do they portend for the fiscal cliff negotiations? >> it strengthens the president's hand. it was a good number, not great, because of some of the revisions we saw to previous months but the president can tout a record of job creation, so that's encouraging. the unemployment rate went down to 7.7% for some of the wrong reasons. a lot of people left the labor force. that's not something you want to see. you want to see more people coming into the labor force, encouraged that they have a chance at getting a job. nonetheless, 146,000 jobs created. that's good for the president. gives him a chance to go out there and have some momentum going into the fiscal cliff talks. i was just at the speaker's press conference down the hall at the top of last hour and he said look, there's no progress being made and his call with the president was just more of the same and the staff talks behind the scenes yesterday were more of the same. he didn't give us a whole lot of optimism going into this weekend here, alex. >> here's my question. i have many q
what do these numbers mean and what do they portend for the fiscal cliff negotiations? >> it strengthens the president's hand. it was a good number, not great, because of some of the revisions we saw to previous months but the president can tout a record of job creation, so that's encouraging. the unemployment rate went down to 7.7% for some of the wrong reasons. a lot of people left the labor force. that's not something you want to see. you want to see more people coming into the labor...
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Dec 26, 2012
12/12
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MSNBCW
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cliff negotiations is there. having said to endorse colleen han ni hanny -- hanibusa. >> and ben affleck has taken his name off the list for senator and says while he loves politics, he will not be running for office. >>> a bleak outlook for the coming year, a record low say they are hopeful and 56% say they are fearful. >>> the miami heat grabbed the top spot in the eastern conference by surviving a battle with the oklahoma city thunder. lebron james and whamm chambers been inned for 51 points. and rihanna and chris brown are courtside as the lakes pick up a victory, kobe bryant serving 34, topping 30 points for the ninth straight game. get out of the way. >>> numbers from the retailers are rolling in. so far not that great. holiday sales were up just .7% since last year, the slowest growth since 2008. even online shopping which posted double digit growth the past four years was up onl only .18%. and sur la table saw its biggest sales last saturday. >>> a class action against instagram in response to last week's
cliff negotiations is there. having said to endorse colleen han ni hanny -- hanibusa. >> and ben affleck has taken his name off the list for senator and says while he loves politics, he will not be running for office. >>> a bleak outlook for the coming year, a record low say they are hopeful and 56% say they are fearful. >>> the miami heat grabbed the top spot in the eastern conference by surviving a battle with the oklahoma city thunder. lebron james and whamm chambers...
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Dec 7, 2012
12/12
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CSPAN
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host: how will the fiscal cliff negotiations affect you? will you lose benefits? caller: i will lose benefits at the end of december, and i will have to go on county assistance to see what they can do to help, but i would rather go back to work. i started picking work when i was 12 years old. host: what are you doing to prepare for the scenario? caller: i am trying to get my ged but i have always had a problem with education. guest: this is a huge issue. people like john are not at the negotiation table. it is tough to consider the full range of decisions. what we find time and time again is that the education and skills component of helping unemployed workers get back into the workforce is a big obstacle. we have 40 programs on the federal level to deal with that, but based on analysis out of rutgers university, is usually people that have been able to find their own education path and get their own skills and out of these government programs have been the most successful. that is a problematic dynamic. host: lisa is next from texas on the independent line. good
host: how will the fiscal cliff negotiations affect you? will you lose benefits? caller: i will lose benefits at the end of december, and i will have to go on county assistance to see what they can do to help, but i would rather go back to work. i started picking work when i was 12 years old. host: what are you doing to prepare for the scenario? caller: i am trying to get my ged but i have always had a problem with education. guest: this is a huge issue. people like john are not at the...
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Dec 31, 2012
12/12
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WGN
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as it and obama just announced he is making some comments on the fiscal cliff negotiations. >> everybody have a seat. good afternoon everybody. welcome to the white house. >> i realized that the last thing you want to hear on the ears yves is another speech from me but i do need to talk about the progress that is being made in congress today. for the last few days leaders in both parties have been working toward an agreement. preventing that tax hike has been my top priority. the last thing folks can afford is to pay an extra $2,000 in taxes next year. middle-class families cannot afford it. businesses cannot afford. our economy cannot afford. it appears that an agreement to prevent this new year's tax hike is within sight. it is not done. there are still issues left to resolve. we are hopeful that congress can get it done. make sure that we emphasize to congress and that members of both parties understand that all across america this is a pressing concern. the potential agreement that is being talked about with not only make sure that taxes do not go on middle- class families it also wo
as it and obama just announced he is making some comments on the fiscal cliff negotiations. >> everybody have a seat. good afternoon everybody. welcome to the white house. >> i realized that the last thing you want to hear on the ears yves is another speech from me but i do need to talk about the progress that is being made in congress today. for the last few days leaders in both parties have been working toward an agreement. preventing that tax hike has been my top priority. the...
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Dec 18, 2012
12/12
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WJZ
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cbs news, new york. >>> there is progress to report on fiscal cliff negotiations. two weeks from today, the painful series of spending cuts and tax increases will automatically go into effect if washington can't come up with a budget deal. late monday, though, we learned congressional republicans and the president are narrowing the gap in their differences. tara mergener is in washington with the latest. good morning to you. >> reporter: good morning to you, terrell. well, raising taxes on the wealthy is the biggest issue during these negotiations. but this morning, it appears both sides are giving ground. allowing the bush-era tax cuts to expire on couples' income over $250,000 was a cornerstone of president obama's re-election campaign. but he's reportedly backing off those demands. in his latest offer to republicans, the president is seeking to raise rates on incomes over $400,000 for couples. his offer also includes a reduction in future cost of living increases for social security recipients. and he's dropping his proposal to extend the payroll tax cut. if tha
cbs news, new york. >>> there is progress to report on fiscal cliff negotiations. two weeks from today, the painful series of spending cuts and tax increases will automatically go into effect if washington can't come up with a budget deal. late monday, though, we learned congressional republicans and the president are narrowing the gap in their differences. tara mergener is in washington with the latest. good morning to you. >> reporter: good morning to you, terrell. well,...
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Dec 26, 2012
12/12
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senator reed asked a decision be made quickly to ensure hawaii's representation in fiscal cliff negotiations is there. it is said senator inouye endorsed a person before he died. >> and ben affleck has taken his name off the list for senator and says while he loves the political process, he will not be running for office. >>> a new "washington post" pole shows a bleak outlook for the coming year, 40% are hopeful and 56% say they are fearful. >>> the miami heat grabbed the top spot in the eastern conference by surviving a battle with the oklahoma city thunder. lebron james, dwyane wade and mario chalmers combined for 51 poin points. >>> in los angeles, rihanna and chris brown are courtside as the lakes pick up a victory over the new york knicks. kobe bryant serving 34, topping 30 points for the ninth straight game. get out of the way. >>> numbers from the retailers are rolling in. so far not that great. holiday sales were up just .7% since last year, the slowest growth in spending since 2008. even online shopping which posted double digit growth the past few years was only up 8.4% in 2011. an
senator reed asked a decision be made quickly to ensure hawaii's representation in fiscal cliff negotiations is there. it is said senator inouye endorsed a person before he died. >> and ben affleck has taken his name off the list for senator and says while he loves the political process, he will not be running for office. >>> a new "washington post" pole shows a bleak outlook for the coming year, 40% are hopeful and 56% say they are fearful. >>> the miami heat...
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Dec 19, 2012
12/12
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KQED
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this is the latest twist in those crucial fiscal cliff negotiations. the house speaker offered a back-up plan today to avoid falling off the cliff. he promised to bring a bill to the house floor this week that would raise income tax rates for people earning more than $1 million a year and no new spending cuts, for now. the white house immediately rejected it. darren gersh reports. >> reporter: house speaker john boehner says the president is asking for about half a trillion dollars more in taxes than he is willing to cut from spending. that means the two sides have narrowed their differences, but the speaker says not enough progress has been made to call it a deal. so he is making other plans. >> our plan b would protect american taxpayers who make a million dollars or less and have all of their current rates extended. >> reporter: while the speaker prepares his back-up plan, the outlines of a grand bargain with the president are becoming clearer. both sides look ready to adopt a new inflation indicator that better measures the way consumers shift thei
this is the latest twist in those crucial fiscal cliff negotiations. the house speaker offered a back-up plan today to avoid falling off the cliff. he promised to bring a bill to the house floor this week that would raise income tax rates for people earning more than $1 million a year and no new spending cuts, for now. the white house immediately rejected it. darren gersh reports. >> reporter: house speaker john boehner says the president is asking for about half a trillion dollars more...
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Dec 8, 2012
12/12
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KRCB
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cliff negotiations? >> well, you know, you're right. some folks look at this and say the economy's strong enough. it should be able to digest big tax increases spending cuts. others look at it and say look we still have a very high unemployment rate, a long way to go to get back to full employment. the economy can't tolerate big tax increases and spending cuts. most political debates the realitis in beten. we do need to addres o fiscal problem so we do need to go through some spending cuts and we also need some tax revenue increases. but we have to phase it in over time, otherwise the economy will choke on that. we can't have too much restraint too quickly. so we have to phase this in, smooth it in to make it palpable for the economy. >> susie: until that happens, there is a lot of anxiety in the labor market. the big fear for many individuals and for investors is that companies are going to start laying off workers. we saw this week that cities he annnced 11,000 job cuts, is this the beginning of a tren
cliff negotiations? >> well, you know, you're right. some folks look at this and say the economy's strong enough. it should be able to digest big tax increases spending cuts. others look at it and say look we still have a very high unemployment rate, a long way to go to get back to full employment. the economy can't tolerate big tax increases and spending cuts. most political debates the realitis in beten. we do need to addres o fiscal problem so we do need to go through some spending...
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Dec 10, 2012
12/12
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MSNBC
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well, we begin with the new urgency in the fiscal cliff negotiations with now just 21 days, three weeks to reach a deal. today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking commission said his party should consider the president's idea of raising tax rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. we have one house, that's it. the presidency and the senate is in the democrat's hands. a lot of people are putting forth a theory and i think it has merit where you go in and give the president the 2% increase that he's
well, we begin with the new urgency in the fiscal cliff negotiations with now just 21 days, three weeks to reach a deal. today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the...
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Dec 31, 2012
12/12
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WUSA
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. >>> meanwhile the final day of fiscal cliff negotiations. hopes of reaching a wide-ranging deal to avoid automatic tax increases and spending cuts is all but gone. without a plan in place by midnight it will cost americans an additional $536 billion. spending would be reduced by $110 billion, and the cuts would be felt in all areas of the government. economists have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this morning the senate reconvenes with the aim of reaching a smaller deal one that might spare millions of americans from paying higher taxes. danielle nottingham is in washington with the latest. dab yell, good morning to you. >> good morning, terrell, vice president joe biden is now in on negotiations. senate minority leader mitch mcconnell reached out to him sunday night after talks with democrats stalled. but with just hours go until this deadline there are still obstacles standing in the way of even a watered down agreement. lawmakers left the capitol sunday night without a d
. >>> meanwhile the final day of fiscal cliff negotiations. hopes of reaching a wide-ranging deal to avoid automatic tax increases and spending cuts is all but gone. without a plan in place by midnight it will cost americans an additional $536 billion. spending would be reduced by $110 billion, and the cuts would be felt in all areas of the government. economists have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this morning the...
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Dec 31, 2012
12/12
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KPIX
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. >>> also today is the final day of fiscal cliff negotiations. hope of reaching a wide-ranging deal in automatic spending increases and tax cuts is all but gone. spending would be reduced and cuts would be felt in all areas of the government. economies have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this morning the senate reconvenes with the aim of reaching a smaller deal, one that might spare millions of americans from paying her taxes. danielle nottingham reporting now from washington. >> lawmakers are still working on it. >> i want everyo one to know i' willing to get this done but i need dance partner. >> the main sticking point between democrats and republicans continues to be over the threshold of tax increases. president obama campaigned on raising taxes on income over $250,000 while many congressional republicans have pushed back against any tax increases. president obama is placing the blame for the impasse on the gop. >> they say that their biggest priority is making sure that we
. >>> also today is the final day of fiscal cliff negotiations. hope of reaching a wide-ranging deal in automatic spending increases and tax cuts is all but gone. spending would be reduced and cuts would be felt in all areas of the government. economies have warned that going over the cliff would cause a spike in unemployment and trigger another recession. this morning the senate reconvenes with the aim of reaching a smaller deal, one that might spare millions of americans from paying...
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Nov 23, 2012
11/12
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FBC
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dog dog fiscal cliff negotiations got more complicated. president obama's union supporters are stepping in. our very own rich edson joining us live from washington, d.c.. rich, what do you know? >> well, good morning. the key to the fiscal cliff negotiations, republicans say will talk increased tax revenue if democrats put entitlement reform on the table. medicare, medicaid, social security. there's a major effort by labor unions opposing that effort taking out advertising in states in missouri, pennsylvania, virginia, and elsewhere targeting members of congress to oppose any type of entitlement reform or changes. the group, in a statement says, elected officials from both parties need to listen to the will of the voters and focus on rebuilding the middle class and strengthening our economy by investing in jobs, not cuts. on the other side, conservatives say it's not a game changer because from unions, this is really nothing new. >> the fact they are publicly saying what they have been privately saying is helpful the american people unders
dog dog fiscal cliff negotiations got more complicated. president obama's union supporters are stepping in. our very own rich edson joining us live from washington, d.c.. rich, what do you know? >> well, good morning. the key to the fiscal cliff negotiations, republicans say will talk increased tax revenue if democrats put entitlement reform on the table. medicare, medicaid, social security. there's a major effort by labor unions opposing that effort taking out advertising in states in...
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that there will be a progressive income for the fiscal cliff negotiations although. it won't be everything that the left wants i think the president will be able to really stick it to wall street with new appointments and get behind elizabeth warren as a point person in the senate i think huge rebuilding of new. as in new york using green economic and design principles infrastructure principles is on the way i'm sure that the dreamers will want to legalize their their status and immigration reform i think we need to see three steps here the this year is going to be excitement. twenty fourteen is the end of the afghanistan war and the showdown with the remain in republicans in the house and we may have to go five years to get five good votes on the supreme court but i can live five more years how about you i'm planning on making. you are if there's anybody in this country that understands movement politics you know from from you helping right the poor here on statement that kicked off s.d.s. back in the day to to what it's like to be an insider the you know being a be
that there will be a progressive income for the fiscal cliff negotiations although. it won't be everything that the left wants i think the president will be able to really stick it to wall street with new appointments and get behind elizabeth warren as a point person in the senate i think huge rebuilding of new. as in new york using green economic and design principles infrastructure principles is on the way i'm sure that the dreamers will want to legalize their their status and immigration...
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Dec 11, 2012
12/12
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KQED
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it was a quiet day of trading with no economic data and no noteworthy movement on fiscal cliff negotiations. the s&p 500 stuck to a very narrow trading range, just six points from its low point right after the opening bell to its highest level of the session, around 11:00 a.m. eastern time. the index finished up by a fraction. trading volume was light-- 591 million traded on the big board; just over one and a half billion moved on the nasdaq. the materials sector led the gains, up seven tenths of a percent. the consumer discretionary sector was the biggest drag, falling six tenths of a percent. a couple of metal stocks led the way up for materials. with global demand waning, prices have been soft. cliff's natural resources mines the iron ore used in steel furnaces. shares were up 4.6%. they were at a year-low at the end of last month. specialty metals maker allegheny technologies also picked itself up from its yearly low, rising 3.2% today. travel web sites operator priceline.com hit the brakes in the consumer sector. shares fell 5% to a three-week low. investment bank deutsche banc cut its
it was a quiet day of trading with no economic data and no noteworthy movement on fiscal cliff negotiations. the s&p 500 stuck to a very narrow trading range, just six points from its low point right after the opening bell to its highest level of the session, around 11:00 a.m. eastern time. the index finished up by a fraction. trading volume was light-- 591 million traded on the big board; just over one and a half billion moved on the nasdaq. the materials sector led the gains, up seven...
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Dec 10, 2012
12/12
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WJLA
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cliff negotiations? >> the president is making the case that the economy is getting better but still fragile and sea and the republicans have both said the country goes over the fiscal cliff it will be very bad for the economy. >> it shows people are still confident -- at what point will that confidence start to wayne? >> probably when we get around christmas or get down to the very last days before the end of the year. these things never get done until both sides backs are up against the wall and the calendar is about to run out. the other side wants to appear they gave too much. -- neither side wants to appear they give up too much. >> a balancing act to the end. thank you so much. >> 23 days ago. not everything is a on the internet is ok in the eyes of the law -- what a virginia judge decided about a post by a woman who slammed the work of a contractor hired to make repairs. >> the -- belfort furntiure weather center a fog advisory for the overnight hours. early tomorrow morning been a big warmup foll
cliff negotiations? >> the president is making the case that the economy is getting better but still fragile and sea and the republicans have both said the country goes over the fiscal cliff it will be very bad for the economy. >> it shows people are still confident -- at what point will that confidence start to wayne? >> probably when we get around christmas or get down to the very last days before the end of the year. these things never get done until both sides backs are up...
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Nov 20, 2012
11/12
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KRCB
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investors were feeling encouraged that fiscal cliff negotiations in washington are making progress. that led to a powerful rally today, continuing the momentum from friday after that white house meetingetweenredent obama, and congressional leaders. stocks rallied right from the opening bell: the dow surged 207 points, the nasdaq jumped nearly 63, and the s&p 500 rose 27. >> tom: those hopes about a fiscal cliff deal may be good enough for stock traders today, but is the economy in a position to deal with whatever solution politicians may hammer out? it's expected that the fiscal fix will involve tax hikes of some sort, and spending cuts as well. we spoke with economist dean baker from the center for economic and policy research, and economist douglas holtz- eakin of the american action forum. "n.b.r.'s" washington bureau chief darren gersh began the discussion by asking baker what tighter federal policy will mean for the economy in the coming year. >> insofar as we get austerity, we get tax increases, spending cuts, that's going to slow the economy. i anticipate a deal so we are don
investors were feeling encouraged that fiscal cliff negotiations in washington are making progress. that led to a powerful rally today, continuing the momentum from friday after that white house meetingetweenredent obama, and congressional leaders. stocks rallied right from the opening bell: the dow surged 207 points, the nasdaq jumped nearly 63, and the s&p 500 rose 27. >> tom: those hopes about a fiscal cliff deal may be good enough for stock traders today, but is the economy in a...
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Dec 21, 2012
12/12
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KPIX
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wo we is a chill in washington over those fiscal cliff negotiations. in less than two weeks, there's roing to be a big tax increase americans and across the board t ts in the federal budget. the speaker of the house, and the president are trying to negotiate a solution, but prey're deadlocked on the question of raising taxes. president obama has proposed an $er taxes for households making more than $400,000. speaker boehner wants a tax increase only for households making a million or more. house is going to vote on that coposal tonight, and nancy cordes is on capitol hill for us. nancy. >> scott, shortly before that vote was due to take place house speaker john boehner announced he was canceling it with no democratic support, he needed almost every republican to get on board. and in the end he didn't e ve the votes. negotiations between speaker boehner and the white house ground to a halt today as everyone watched to see if he and house republican leaders would get the votes they needed to pass plan b, a bill preventing tax rates from going up for hous
wo we is a chill in washington over those fiscal cliff negotiations. in less than two weeks, there's roing to be a big tax increase americans and across the board t ts in the federal budget. the speaker of the house, and the president are trying to negotiate a solution, but prey're deadlocked on the question of raising taxes. president obama has proposed an $er taxes for households making more than $400,000. speaker boehner wants a tax increase only for households making a million or more....
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Nov 29, 2012
11/12
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CNBC
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the bottom line -- sometimes you don't want to overthink things in an ungamable fiscal cliff negotiation, it pays to keep a chance on the maintain. it may well be the three musketeers of tech. and the best stock. barbara in texas, barbara. >> caller: hi, jim, this is barbara. i'm interested in knowing, i god in liquidity services today at 3704. it's gone down lower, and how would you -- you put a stop in around a little lower, but --. >> yeah, boy, you know you know, this is a difficult market played. i think you're in the non-beth of briefed. jim in logan. >> caller: thank you for taking my call. >> my pleasure. >> caller: my question is there's been a lot of talk about the possibility of a copper shortage. >> i read that. very interesting. >> caller: yeah. i was wondering, how does that affect a stock like caterpillar? >> they don't relate. if you're talking about the raw costs, that's largely steel. steel is in glut, and the fact is if there's a copper shortage because there's so much business, cat will be benefiting. i think that's the case. the stock acted very well today in the fac
the bottom line -- sometimes you don't want to overthink things in an ungamable fiscal cliff negotiation, it pays to keep a chance on the maintain. it may well be the three musketeers of tech. and the best stock. barbara in texas, barbara. >> caller: hi, jim, this is barbara. i'm interested in knowing, i god in liquidity services today at 3704. it's gone down lower, and how would you -- you put a stop in around a little lower, but --. >> yeah, boy, you know you know, this is a...
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Dec 14, 2012
12/12
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KQED
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. >> reporter: the fiscal cliff is really a negotiation between two men, and one of them today was not sounding very happy. house speaker john boehner brought out the charts to make his case. >> here we are at the eleventh hour, and the president still isn't serious about dealing with this issue right here. it's this issue-- spending. >> reporter: the president left his spokesman to respond that republicans were pushing a plan of fantasy economics that raised more revenues while also cutting taxes on the wealthy. >> what spending cuts have the republicans put forward? the proposal that we've seen is a two-page letter, and the much- discussed second proposal is less than half a page. there is no specificity behind what the republicans have put forward. >> reporter: right now, the risk is rising that we will avoid the fiscal cliff, but end up with what some call a worst case outcome. >> we get some sort of hoaky deal that's put together with gimmicks and baseline adjustments and all that stuff. they get by the fiscal cliff without much damage. wall street breathes a sigh of relief, but w
. >> reporter: the fiscal cliff is really a negotiation between two men, and one of them today was not sounding very happy. house speaker john boehner brought out the charts to make his case. >> here we are at the eleventh hour, and the president still isn't serious about dealing with this issue right here. it's this issue-- spending. >> reporter: the president left his spokesman to respond that republicans were pushing a plan of fantasy economics that raised more revenues...
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Dec 23, 2012
12/12
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CNNW
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why is chained cpi suddenly so vital to the fiscal cliff negotiation? it isn't a spending cut or a tax hike, but it would effectively cut spending and raise taxes on some, saving the government an estimated $300 billion over the next decade. the problem is that what that means is that seniors, the longer they live, the less money they would actually take home. they would see a cut to their benefits and that's what has progressives so upset. >> politically speaking, this was a significant concession from the democrats or was it just an accounting fix? >> well you know, it was both of those things. it is an accounting fix. it is a significant concession from democrats. some democrats who i spoke to said look, maybe i would consider this maybe. but only if we could have some sort of mechanism, ali, that a senior past age 85 who would be facing six or 8% cut in benefits, maybe there would be an adjustment to make sure, especially for people who are very poor, that there would be some sort of safety net. paul krugerman has said liberal firebrand in the "new
why is chained cpi suddenly so vital to the fiscal cliff negotiation? it isn't a spending cut or a tax hike, but it would effectively cut spending and raise taxes on some, saving the government an estimated $300 billion over the next decade. the problem is that what that means is that seniors, the longer they live, the less money they would actually take home. they would see a cut to their benefits and that's what has progressives so upset. >> politically speaking, this was a significant...
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Dec 5, 2012
12/12
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KTVU
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eye 275
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for now, fiscal cliff negotiations have slowed activity. "this is where the market is frustrated by politics. it's a vicious circle." even at a meeting of start-ups, a group some consider below the radar of fiscal cliff negotiations, some entrepreneurs are becoming unusually cautious. "you have to take pause and assess what healthcare and taxes may cost, but we also have an obligation to our investors, so we see the fiscal cliff thing as a temporary roadblock but not something that...it won't stop us from hiring at this moment." one bright spot - according to analysts at mesirow, housing, expecially new housing, in many markets is being driven by investors purchasing homes. another indicator - remodeling. people are putting money into their homes more now. carpeting, appliances, and contract work all spreads the wealth. thank you chuck. still ahead, stocks that make the "must own" list for 2013, right after the break. here is a question a lot of people are asking themselves this time of year - how's your equity portfolio looking? little anx
for now, fiscal cliff negotiations have slowed activity. "this is where the market is frustrated by politics. it's a vicious circle." even at a meeting of start-ups, a group some consider below the radar of fiscal cliff negotiations, some entrepreneurs are becoming unusually cautious. "you have to take pause and assess what healthcare and taxes may cost, but we also have an obligation to our investors, so we see the fiscal cliff thing as a temporary roadblock but not something...
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Dec 31, 2012
12/12
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CNNW
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we'll also continue to follow the negotiations going on now on capitol hill, the fiscal cliff, what it means to your and your wallet. you could wake up tomorrow with a much different income and a much different paycheck because congress may not have gotten its act together overnight. we'll continue to follow that for you if there's any other breaking news, we'll come back and break into taped programming, otherwise i will see you at 10:00 p.m. eastern with the latest information. i'm don lemon. comfortable sleer experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. comfort individualized. save 50% on the final closeout of our silver limited edition bed plus special financing through new years day.
we'll also continue to follow the negotiations going on now on capitol hill, the fiscal cliff, what it means to your and your wallet. you could wake up tomorrow with a much different income and a much different paycheck because congress may not have gotten its act together overnight. we'll continue to follow that for you if there's any other breaking news, we'll come back and break into taped programming, otherwise i will see you at 10:00 p.m. eastern with the latest information. i'm don lemon....
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Dec 1, 2012
12/12
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FOXNEWSW
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what is it like behind the scenes at the fiscal cliff negotiations? bob woodward will take us inside the negotiating room and explain if the president is trying to save the country from a financial plunge. and then, this. >>> we vote for you, you work for us! you stand up until you win. you think it is a joke. >> sean: the victims of hurricane sandy making it clear they are not going to be forgotten by the government or place. will they have a place to celebrate for christmas? more with speaker beginning rip, right after the break. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. . >> sean: welcome
what is it like behind the scenes at the fiscal cliff negotiations? bob woodward will take us inside the negotiating room and explain if the president is trying to save the country from a financial plunge. and then, this. >>> we vote for you, you work for us! you stand up until you win. you think it is a joke. >> sean: the victims of hurricane sandy making it clear they are not going to be forgotten by the government or place. will they have a place to celebrate for christmas?...
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477
Dec 31, 2012
12/12
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FOXNEWSW
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tax hikes aren't the only things at stake in the fiscal cliff negotiations. national security is also on the line with massive cuts at the defense department as part of the deal. leon pineda is prepping to send layo layoffs. >> if there is a deal done that doesn't set aside thense cuts because we already cut 489 billion out of the defense department i am disappointed as the president as commander-in-chief and disappointed with the republican party for letting this happen. >> sequestration was the penalty they imposed on itself last year when they failed to find $1.2 trillion of cuts they live with. now mhalf are directed at the pentagon but the dramatic across the board cuts can be offset by raising taxes on the rich. >> if we have raised revenue by the wealthy paying more that is sufficient to turn off the sectsec quest tore the automatic cuts. >> senator graham told me he thinks it is possible to find 600 billion cuts elsewhere to suspend for a decade but a bipartisan agreement probably can't be reached until february or march. peter doocy, fox news. >>> 17
tax hikes aren't the only things at stake in the fiscal cliff negotiations. national security is also on the line with massive cuts at the defense department as part of the deal. leon pineda is prepping to send layo layoffs. >> if there is a deal done that doesn't set aside thense cuts because we already cut 489 billion out of the defense department i am disappointed as the president as commander-in-chief and disappointed with the republican party for letting this happen. >>...
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Dec 31, 2012
12/12
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MSNBCW
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special coverage of the fiscal cliff negotiations. but we wanted to tell you, once again, secretary of state hillary clinton has been hospitalized. that being confirmed this hour by phillipe rhines at the state department. in the course of a follow-up exam today, secretary clinton's doctors discovered a blood clot formed stemming from the concussion she sustained several weeks ago. she's being treated with anti-coagulants at new york presbyterian hospital so they can monitor the medication over the next 48 hours. her doctors will continue to assess her condition, including other issues that may be associated with the concussion and then determine if further action is required. you may remember that she had a severe stomach virus and became severely dehydrated, and then we learned, in the middle of december, that after she canceled an overseas trip, that she had fainted and because of that severe dehydration, and suffered that concussion, she also had to cancel her testimony on benghazi. we have been told that she was expected to go ba
special coverage of the fiscal cliff negotiations. but we wanted to tell you, once again, secretary of state hillary clinton has been hospitalized. that being confirmed this hour by phillipe rhines at the state department. in the course of a follow-up exam today, secretary clinton's doctors discovered a blood clot formed stemming from the concussion she sustained several weeks ago. she's being treated with anti-coagulants at new york presbyterian hospital so they can monitor the medication over...
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Dec 25, 2012
12/12
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KPIX
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with the president and congress on a short holiday break, there's been no movement on fiscal cliff negotiations. before he left washington, the president said he believes a deal could be made before the december 31 deadline. >>> u.s. troops celebrated their 12th consecutive christmas in afghanistan. service men and women attended a service at the nato base in kabul, sang some carols, then enjoyed a holiday dinner. >>> and coming up on the "morning news," he may be messy funny, jack klugman from "the odd couple "has died. a look back at his remarkable career. [ female announcer ] introducing u the latest coffee machine from nespresso. modular. intuitive. combines espresso and fresh milk. the new u. nespresso. what else? available at these fine retailers. >>> firefighters in california battled a raging river yesterday to rescue a homeless man. he was living on an island in the los angeles river and got into trouble after a fast-moving storm tore through the area. rescuers used an inflatable boat to reach the island and tossed ropes to the man which he tied around a tree. the man was taken to the
with the president and congress on a short holiday break, there's been no movement on fiscal cliff negotiations. before he left washington, the president said he believes a deal could be made before the december 31 deadline. >>> u.s. troops celebrated their 12th consecutive christmas in afghanistan. service men and women attended a service at the nato base in kabul, sang some carols, then enjoyed a holiday dinner. >>> and coming up on the "morning news," he may be...
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Dec 6, 2012
12/12
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CSPAN2
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cliff negotiations. >> for video of other events we have covered about the fiscal cliff, see our special web page. there's also a live twitter stream with comments from the ridge and reporters and a resource area with related documents and links. c-span.org/fiscal cliff. >> an update from capitol hill reporter on the latest in the senate on president obama's proposal on the fiscal cliff and the debt ceiling. this is about five minutes. >> andrew taylor covers congress for the associated press. there were some attempts by mitch mcconnell to get roll-call votes on the president's debt plan and his fiscal cliff plan and the debt ceiling plan. what was he trying to do? >> guest: he was trying to embarrass the democrats. for instance, the president's plan on the debt ceiling was basically allowing the president to request whatever increases without the approval of congress and he thought that would embarrass democrats if they had to vote for it particularly endangered ones. >> sounded like leader reid took the bait. how the democrats respond? >> guest: there are a lot in politics going on her
cliff negotiations. >> for video of other events we have covered about the fiscal cliff, see our special web page. there's also a live twitter stream with comments from the ridge and reporters and a resource area with related documents and links. c-span.org/fiscal cliff. >> an update from capitol hill reporter on the latest in the senate on president obama's proposal on the fiscal cliff and the debt ceiling. this is about five minutes. >> andrew taylor covers congress for the...